I went long the UYG around 9:45 sold about 20 mins later for a small profit, I looked back at it around 12 and saw it trading 2 dollars lower from where I sold it and was glad I sold. By the 4pm closing it was up about $2.50 from its Intraday low. Crazy volatility, this will continue for the next month I think, especially with all these rumors around.

"We've got a tug-of-war going on," said Arthur Hogan, chief market analyst at Jefferies & Co. "We've got that dichotomy between fear and greed. This is greed kicking in," he said of the final 20 minutes of trading.